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Pollutant Any substance, species produced either by a natural source or by human activity, which produces very adverse effect on the environment is called pollutant. Some commo
what do you mean by social welfare function
1. Why does inflation make nominal GDP a poor measure of the increase in total production from one to the next? How does the U.S' BEA deal with the problem inflation causes w
Define Nash equilibrium and explain with the help of the game ''prisoner''s dilemma''.
Performance of Public Sector Enterprises: Data reveal that the performance of the much-maligned public enterprises has shown a distinct improvement during the last 9 years. Gr
why does gap between the ATC curve and the AVC curve decreases as the level of output increases
Indirect Utility Functions: Let qi denotes commodity i and pi is the price of that commodity. Let y denotes money income of the consumer. Suppose vi = pi/y. The budget constra
brife note on demand
3
llustrate and explain the changing demand gor big Mac using the indifference curves and budget line
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